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WGU C214 Study Guide With Correct Questions & Answers 2023-2024 Update(SCORED A)
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Trading on the NYSE is executed without a specialist (i.e. a market maker). (T/F) - ANSWERSF 
 
Stocks and bonds are two types of financial instruments (T/F) - ANSWERSTrue 
 
The matching principle in accrual accounting requires that: 
a. Revenues be recognized when the earnings process is complete and matches expenses to revenues recognized. 
b. Expenses are matched to the year in which they are incurred 
c. Revenues are matched to the year in which they are booked 
d. Revenues should be large...
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WGU C214 OA FINANCIAL MANAGEMENT OBJECTIVE ASSESSMENT LATEST EXAM VCC2 2024 VERIFIED QUESTIONS AND ANSWERS
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WGU C214 OA FINANCIAL MANAGEMENT 
OBJECTIVE ASSESSMENT LATEST EXAM VCC2 
2024 VERIFIED QUESTIONS AND ANSWERS
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WGU C214 Final Exam Questions with verified Answers Already Graded A
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WGU C214 Final Exam Questions with verified Answers Already Graded A 
 
1.	Coupon Rate--Answer-- The interest rate that a company promises to pay on bonds 
2.	Market Rate--Answer-- The interest rate on other comparable bonds 
3.	Par Value--Answer-- The amount payable on maturity of the bond 
4.	Market rate--Answer-- Same as YTM - Yield to Maturity 
5.	Gordon Growth Model--Answer-- Assumes stable growth rates and does not incorporate risk
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WGU C214 OA FINANCIAL MANAGEMENT OBJECTIVE ASSESSMENT LATEST EXAM VCC2 2024 VERIFIED QUESTIONS AND ANSWERS
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WGU C214 OA FINANCIAL MANAGEMENT OBJECTIVE ASSESSMENT LATEST EXAM VCC2 2024 VERIFIED QUESTIONS AND ANSWERS
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WGU C214 Bundled Exams Questions and Answers 100% Verified and Updated | Graded A+
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WGU C214 Bundled Exams Questions and Answers 100% Verified and Updated | Graded A+
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C214 - Financial Management Exam Questions and Answers
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C214 - Financial Management Exam 
Questions and Answers 
Trading on the NYSE is executed without a specialist (i.e. a market maker). - Answer- 
False 
Accruals - Answer- are expenses a firm owes but hasn't paid yet. (Like wages - the 
employee has worked, but his check hasn't been cut yet.) 
Which of the following best describes the guiding principle for revenue recognition within 
accrual accounting system: - Answer- Revenue is reported when the earnings process 
is complete 
A high-quality c...
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C214 Financial Management Exam Questions and Answers
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C214 Financial Management Exam 
Questions and Answers 
Finance is a subfield with in - Answer- Economics 
Which of the following is not an example of firm capital? - Answer- Financial Markets 
Capital is defined as a - Answer- financial asset 
Corporate finance is devoted to understanding various types of - Answer- financial 
instruments 
Which of the following is an example of firm capital? - Answer- Cash 
Corporate finance focuses on the decision making by the - Answer- Management 
What are th...
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WGU C214 Financial Management Exam Questions and Answers
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WGU C214 Financial Management 
Exam Questions and Answers 
Net Income = - Answer- Revenues - Expenses 
Revenues - Cost of Goods Sold (COGS) - Answer- Gross Profit 
Gross Profit - Operating Expenses - Answer- EBIT 
EBIT = - Answer- Sales - Costs - Depreciation 
EBIT = - Answer- Operating Profit or Operating Income 
EBIT - Interest Expense = - Answer- Earnings Before Taxes 
Earnings before Taxes - Tax Expense = - Answer- Net Income (NI) 
Retained Earnings - Answer- End RE = Beg RE + NI - Dividends...
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C214 - Financial Management Exam Questions and Answers 100% Pass
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C214 - Financial Management Exam 
Questions and Answers 100% Pass 
Accounting - Answer- The business function responsible for creating the historical 
financial statements. 
Accounts Payable - Answer- A current liability that represents any money the firm owes 
suppliers and other firms. Typically the firm does not pay interest on accounts payable. 
Accounts Receivable (AR) - Answer- A type of current asset which represents any 
money owed to the firm for services rendered. 
Accounts Receivable ...
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C214 Financial Management Concepts Exam Questions and Answers
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C214 Financial Management Concepts 
Exam Questions and Answers 
1. The goal of the corporation is to: 
a. Maximize profits 
b. Maximize market share 
c. Maximize stock price 
d. Minimize risk - Answer- c. Maximize stock price 
2. Risk premium is best described as 
a. Return on risky securities 
b. Compensation for risk-taking 
c. Return on stocks 
d. Expected return on securities - Answer- b. Compensation for risk-taking 
3. What is the relationship between risk and required return? 
a. The two ...
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WGU - C214: Financial Management Exam Questions and Answers
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WGU - C214: Financial Management 
Exam Questions and Answers 
If accounts receivable increases, what is the impact on CFO? - Answer- CFO decreases 
Are actual taxes paid the same as how on the GAAP income statement? - Answer- No. 
Actual Taxes = IRS Rules 
Income Statement = GAAP 
Which decisions require using subjective estimates? - Answer- Economic life of a new 
asset. 
If there is a 30% change of a recession, what is the probability of expansion? - Answer- 
70% 
*The sum of probabilities mus...
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